December 2012 Archives

On behalf of Frost & Associates, LLC posted in Tax Controversies on Thursday, December 27, 2012.

Barely a week goes by without Lindsay Lohan making news. It would be one thing if sometimes the news was good, but that doesn't seem to be in the stars for the actress. Washington, D.C.-area readers may have heard that Lohan's latest concerns include struggles to pay off tax debts the Internal Revenue Service says she owes Uncle Sam.

On behalf of Frost & Associates, LLC posted in Tax Evasion on Wednesday, December 19, 2012.

Many working Americans would agree that there is nothing better than cold, hard cash. For businesses owners who choose to pay employees in cash, however, there can be tax problems related to dealing in cash. Likewise, being paid in cash can also result in unmet tax obligations for employees that can land them in hot water with the IRS.

On behalf of Frost & Associates, LLC posted in Tax Evasion on Friday, December 14, 2012.

The minute the Internal Revenue Service begins to take an undue interest in a person's financial matters, it is time to consult with an attorney experienced in any and all the aspects of tax law. The potential for severe penalties in the event of a trial and conviction are such that anyone in the Washington, D.C., region should be ready to take assertive action early to protect their interests.

On behalf of Frost & Associates, LLC posted in Tax Crimes on Friday, December 7, 2012.

There's a song that offers up the line, "Don't it always seem to go that you don't know what you've got 'til it's gone." This can be a dilemma that many who face criminal tax charges in the Washington, D.C., area may face if they're convicted. It can become especially obvious if a person has never been convicted of any crime previously and winds up going to prison.

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